EURINR trading range for the day is 79.67-80.7.
Euro remained under pressure as both growth and inflation in the eurozone remain below the European Central Bank’s expectations.
Weak manufacturing data from Spain, France, Italy, and Germany, weighed on euro on pace for its worst day against the U.S. dollar in more than six months.
The European Union was trying to find a solution to Italy’s budget problems in order to avoid a sanctions procedure, European Economic Commissioner Pierre Moscovici said.
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